European Central Bank has revised two macro-economic forecasts for 2011. It is projected the eurozone GDP will expand 1.9% instead of the previously forecast 1.7%, while inflation is said to climb 2.6% instead of 2.3%.

Latvia and Lithuania’s positive attitude towards joining the eurozone, as in case of their neighbour Estonia, is declining. It is likely that the next eurozone expansion might prolong, without attaining the previously set target – the year 2014.